A coalition of banks, credit unions, and card companies argue that Illinois lawmakers must repeal the state's ...

The Office of the Comptroller of the Currency sent an interim final rule to the Office of Management and Budget that would ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, ...

Passed in 2024 and set to take effect this July, the state law bans certain so-called swipe fees on the tax and tip portions ...

It's the first law of its kind in the country.

More states are introducing legislation exempting merchants from paying interchange on sales tax and tips. Bills are currently pending in Alaska, Massachusetts, and New York. In Alaska, the proposed ...

The Maryland legislature held a hearing late Tuesday on a bill prohibiting interchange from being charged on sales tax and gratuities linked to credit and debit card transactions. The bill, introduced ...

Delaware House Bill 315 would ban swipe fees on credit card tips. Restaurants support it, while banks warn it could disrupt ...